The graph below is Mendork's production possibility curve for the only two goods that it produces-quirks and quarks.
-Refer to the graph above to answer this question.If Mendork's current production is at point B,what is the opportunity cost of one more quark as output changes from point B to A?
A) 0.04 quirks.
B) 4 quirks.
C) 400 quirks.
D) 1 quirk.
E) 0.4 quirks.
Correct Answer:
Verified
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Q59: The graph below is Mendork's production possibility
Q60: The graph below is Mendork's production possibility
Q61: Below are some production possibilities data for
Q62: What are the factors of production?
A)Land,labour,money,and enterprise.
B)Land,labour,money,and
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